Bill Sponsor
BILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 6438
118th Congress(2023-2024)
Brownfields Redevelopment Tax Incentive Reauthorization Act of 2023
Introduced
Introduced
Introduced in House on Nov 15, 2023
Overview
Text
Introduced in House 
Nov 15, 2023
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Introduced in House(Nov 15, 2023)
Nov 15, 2023
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Jump To
H. R. 6438 (Introduced-in-House)


118th CONGRESS
1st Session
H. R. 6438


To amend the Internal Revenue Code of 1986 to extend expensing of environmental remediation costs.

IN THE HOUSE OF REPRESENTATIVES

November 15, 2023

Ms. Sherrill (for herself and Mr. Turner) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to extend expensing of environmental remediation costs.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Brownfields Redevelopment Tax Incentive Reauthorization Act of 2023”.

SEC. 2. Extension of expensing of environmental remediation costs.

(a) In general.—Section 198(h) of the Internal Revenue Code of 1986 is amended by striking “incurred after December 31, 2011” and inserting the following:“incurred—

“(1) after December 31, 2011, and before January 1, 2023, or

“(2) after December 31, 2026.”.

(b) Effective date.—The amendment made by subsection (a) shall apply to expenditures paid or incurred after December 31, 2022.